The Chinese enterprises’ investments in the U.S. will continue to grow steadily, the relevant agency believes

Almaty. June 16. Silkroadnews – The Chinese enterprises’ investments in the U.S. will continue to grow steadily, such an opinion was expressed by Stefan Selig, Under Secretary of Commerce for International Trade, Xinhua news agency reports.

“We can hope that the investments by the Chinese enterprises in the United States will continue to grow steadily (...) China’s economic growth model changes switching from investments as a driving force toward consumption (...) though the pace of China’s economic growth slows down a little bit, its volume grows continuously, assuming that the investment of Chinese enterprises in the United States will continue to grow steadily,” S. Selig said at the press briefing the day before the 3rd investment summit Select USA.

According to him, the Chinese investment in the U.S. not only create jobs with high salaries, but also will contribute to the Chinese economy’s transformation, which is mutually beneficial for two countries.

As for failures of purchases and mergers by some of the Chinese enterprises in the U.S. in recent years due to the checks by the U.S. National Security, S. Selig said the results of inspections by the U.S. affected only a small part of the Chinese enterprises, having added that national security agency checks will not impede the foreign investments.

The 3rd Investment Summit Select USA will be held in Washington on June 19-21 with participation of companies from more than 70 countries and regions, more than 150 of them are from China.